about 1 hour ago

Mainfreight's managing director says things improved in the later part of the year.

Global transport company Mainfreight's full-year net profit is down 8.5 percent on the year earlier, despite an improved performance in the second half of the year end in March.

"While we are disappointed to not have improved our profitability from last year, we remain satisfied with the level of improvement during the second six months of trading," managing director Don Braid said.

"Pleasingly, these improvements have continued into the new financial year.